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550 E 3rd St
Multi-Family
New
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$1,750,000

$700/sqft

550 E 3rd St, Boston

Great $/sqft
6 bd·3 ba·2,501 sqft
Built 20001,045 sqft lotSouth Boston

550 E 3rd St, Boston, MA

6 bd · 3 ba · 2,501 sqft Multi-Family listed at $1,750,000, built in 2000 in the South Boston neighborhood.

About this home

The Property consists of a three-story building containing three (3), 2-Bedroom/1-Bathroom units with 2,501 square feet of living area in 3,752 gross square feet on a 0.024-acre parcel. The building has separate utilities and the tenants are responsible for their own electricity, gas fired heat (forced air), hot water, central air conditioning, and a gas stove. The building is also fully sprinklered. Unit three has been renovated and features hardwood floors, white shaker cabinets and quartz countertops. Unit one features hardwood floors, and both units one and two will benefit from cosmetic updates to the flooring (unit two), kitchen cabinets and bathrooms.

Property details

Price
$1,750,000
Bedrooms
6
Bathrooms
3
Interior
2,501 sqft
Price / sqft
$700
Year built
2000
Lot size
1,045 sqft
Type
Multi-Family
Days on market
30
Est. property tax
$21,000/yr · $1,750/mo · 1.2% MA avg

Estimated monthly payment

Down payment20% ($350,000)
Interest rate6.75%
Principal & Interest$9,080
Property Tax$1,604
Insurance$150
Total$10,835/mo

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Price history

$2.20M$1.00M$-200K$3K on May 17 (Price change)$3K on May 17 (Price change)$3K on May 17 (Price change)$3K on May 17 (Price change)$3K on May 17 (Price change)$3K on Jun 17 (Price change)$3K on Jun 17 (Price change)$3K on Jun 17 (Price change)$3K on Jun 17 (Price change)$3K on Jun 17 (Price change)$3K on Jun 17 (Price change)$3K on Jun 17 (Price change)$3K on Jul 17 (Price change)$3K on Jul 17 (Price change)$3K on Jul 17 (Price change)$3K on Jul 17 (Price change)$3K on Aug 17 (Price change)$3K on Aug 17 (Price change)$3K on Sep 17 (Price change)$0K on Nov 23 (Initial list)$0K on Nov 23 (Price change)$0K on Dec 23 (Price change)$2M on Dec 23 (Initial list)$1.93M on Feb 24 (Price change)$1.93M on Feb 24 (Price change)$1.93M on Mar 24 (Price change)$1.85M on Jul 25 (Initial list)$1.85M on Dec 25 (Price change)$1.75M on Mar 26 (Initial list)
$3K · May 17$1.75M · Mar 26
  1. Mar 27, 2026$1,750,000Initial list price
  2. Dec 23, 2025$1,850,000Price change
  3. Jul 14, 2025$1,850,000Initial list price
  4. Mar 30, 2024$1,925,000Price change
  5. Feb 29, 2024$1,925,000Price change
  6. Feb 7, 2024$1,925,000Price change
  7. Dec 15, 2023$2,000,000Initial list price
  8. Dec 5, 2023$1Price change
  9. Nov 30, 2023$1Price change
  10. Nov 27, 2023$1Initial list price
  11. Sep 6, 2017$2,500Price change
  12. Aug 16, 2017$2,800Price change
  13. Aug 16, 2017$2,500Price change
  14. Jul 29, 2017$2,850Price change
  15. Jul 29, 2017$2,800Price change
  16. Jul 13, 2017$2,900Price change
  17. Jul 13, 2017$2,850Price change
  18. Jun 23, 2017$2,900Price change
  19. Jun 23, 2017$2,900Price change
  20. Jun 15, 2017$2,900Price change
  21. Jun 15, 2017$2,900Price change
  22. Jun 7, 2017$2,900Price change
  23. Jun 7, 2017$2,900Price change
  24. Jun 5, 2017$2,900Price change
  25. May 26, 2017$3,000Price change
  26. May 26, 2017$3,000Price change
  27. May 16, 2017$3,000Price change
  28. May 16, 2017$3,000Price change
  29. May 7, 2017$3,000Price change

Location

This home is located in Boston, MA. Browse more Boston listings on the Boston market page or explore the full Boston market report.

About Boston: Boston is the capital and most populous city of the U.S. state of Massachusetts. It serves as a cultural and financial center of New England, a region of the Northeastern United States. Boston has an area of 48.4 sq mi (125 km2) and a population of 675,647 as of the 2020 census, making it the third-most populous city in the Northeastern United States after New York City and Philadelphia. The larger Greater Boston metropolitan statistical area had a population of 4.9 million in 2023, making it the largest metropolitan area in New England and the eleventh-largest in the United States. (source: Wikipedia)

Climate: Average year-round temperature is 52°F with 203 dry days per year and 46.9 inches of annual rainfall.

Location

Map of 550 E 3rd St, Boston
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Home Intelligence

Neighborhood (zip 02127)

This neighborhood is highly educated (45% hold a bachelor's degree). Median age is 32.4; 45% of homes are owner-occupied; median household income is $145,357.

Median income
$145,357
Median age
32.4
Owner-occupied
44.5%
Bachelor's degree
44.6%
Census median home value
$818,200

Source: US Census Bureau American Community Survey 5-year estimates.

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